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'll get to the second topic. news today about the economy that was surprised a lot of economists. they weren't expecting for the economy to actually slink. contracted in -- actually shrank, contracted in the fourth quarter. >> eric: everybody says everything is great, obama recovery is great. see the line right there? it should be negative. it is below the line. economy shrank by one-tenth of 1% catching people by surpris surprise. >> dana: caught people from surprise? >> eric: everyone. everyone. everyone. everyone said wait a minute, we're moving. it wasn't 3.1% growth like the third quarter was. we thought it would be in the 1.5-2% growth, but growth none. first time in 3-1/2 years. we have spent $5.8 trillion, negative growth. >> greg: this is great, though. this is all part of president obama's immigration plan. shrink the economy, people leave. genius. >> dana: do you think it's weird that the white house blamed the republicans today faz they have nothing to do -- >> bob: i think, i think the serious blame goes to sandy more than anything else. i don't think i would - -- >>
is at your door right now. >> dana: we'll get to the second topic. news today about the economy that was surprised a lot of economists. they weren't expecting for the economy to actually slink. contracted in -- actually shrank contracted in the fourth quarter. >> eric: everybody says everything is great obama recovery is great. see the line right there? it should be negative. it is below the line. economy shrank by one-tenth of 1% catching people by surprise surprise. >> dana: caught people from surprise? >> eric: everyone. everyone. everyone. everyone said wait a minute, we're moving. it wasn't 3.1% growth like the third quarter was. we thought it would be in the 1.5-2% growth, but growth none. first time in 3-1/2 years. we have spent $5.8 trillion, negative growth. >> greg: this is great though. this is all part of president obama's immigration plan. shrink the economy people leave. genius. >> dana: do you think it's weird that the white house blamed the republicans today faz they have nothing
' they're even willing to hurt the economy itself. it's that's what it takes to hurt the president, they're willing to do it. >> any immediate economic setback or the perception of one could weaken obama's clout. maybe a sour economy is worth it if it will distract obama. >> there's a lot of talk these days about how the gop can come back politically. the quickest possible way politically with a contracting economy, if it happened again in the next quarter, that's a recession. >> shrinking the economy is a gop plan for a quick comeback? a sowerer economy is worth it if it distracts obama? folks, they really mean this. but despite it all. , the economy is improving under this president. we now have 35 straight months of private sector job growth. we've also learned today the economy added over 2 million jobs last year. the best year for the jobs since 2005. republicans are playing politics with people's lives. they're obsessed with cuts instead of jobs. they're focused on spending instead of hiring. the president kept his job because the american people trust him to create jobs for them.
: meanwhile breaking news on the economy. it's the worst it's been in more than three years. but democrats aren't blaming the tax hikes they just pushed through. no. something else. >> our economy is facing a major headline which goes to your point, and that's republicans in congress. >>steve: darned republicans. democrats' plan? print more money. brian. >>brian: make way for the future site of the obama library. but first we need to get ronald reagan's childhood home out of the way. break out the bulldozer. "fox & friends" starts tphoufplt >>gretchen: good morning. usually when we come in in the morning, we all have our own ways of preparing for the show. unfortunately i have to spend a little bit more time in hair and makeup. and during that time is when i start looking at the news papers, the hard-core ones, not on my ipad. i have to say i was a little shocked at the front cover of the new york post this morning when it hit my lap. that one right there. dan marino, we all know over at cbs sports, hall of fame quarterback with the miami dolphins, probably the best quarterback to not win
a new set of challenges after the commerce department reported yesterday that the nation's economy shrank for the first time since the great recession. >> how did that happen? >> well, government data shows the gross domestic product contracted at a .1% rate in the fourth quarter of 2012. it was the first decline since 2009. it put the white house on the defensive after months of touting steady job growth. >> there's more work to do, and our economy is facing a major headwind which goes to your point, and that's republicans in congress. talk about letting the sequester kick in, as though that were an acceptable thing belies where republicans were on this issue not that long ago, and it makes clear, again, that this is political brinksmanship of the kind that results in one primary victim, and that's american taxpayers, the american middle class. >> okay. what do you think is going on there, joe? >> i think what's going on is that we have spent more money as a government over the past four years than we have in the history of the republic. added $6 trillion in debt. and we have just
's lives. that means we want to advance pro-growth reforms good for the economy. there are immigration things that are good for the economy. >> immigration was the first policy he talked about when he talked about pro-growth reforms. some workers, who are typically recovering, the best way to help them is with better training, better generous income tax credit, that is easier to provide in a growing economy with younger workers than in a sluggish one with budget deficits. immigration is not what hurts them, and it is not standing in the way of aiding them. in 2007, the congressional budget office found that legalizing undocumented immigrants would increase revenue by $48 billion, while costing only $3 billion increased public services. and that is before you get into the broader economic benefits. there are very few free lunches in public policy. usually it is a realm of hard choices, but taking advantage of our unique position as the country with the world's best and brightest, desperately a way to go? that is surely correct. "the ed show" is up next. >>> good evening, americans, and
you think. >>> there was encouraging news on the economy and the stock market just going crazy, right? but income inequality, my friends, is very real. it plagues this country. and senator bernie sanders will join me to talk about it and how to remedy this whole thing. stay with us. we'll be right back. ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. i'm here with daphne oz, a model of healthy habits. so daphene, do you eat activia. i do it's always in my fridge. and you know activia isn't just for minor digestive issues. exactly, it's also important for my overall well being because it helps regulate my digestive system. and when you feel good on the inside, it shows on the outside! whether at work, with friends, on a special night, or just enjoying an activia. shine from the inside out with activia. ♪ dannon >>> big shake-up in the senate in 2014. geraldo in, scott brown out. the bi
and we need a successful resolution to the information. >> breaking news on the economy sparking a new debate over the president's priorities for his second term as washington talks of gun violence and immigration reform the commerce department announces the economy shank in the last quarter of 2012. this is not only the single decline of 2012 we did not shrink in any more quarter. it is the first drop we have seen in 3 and a half years. why thare they talking firearms and immigration reform instead of ways to put people back to work. daily beast columnist kirsten powers. we sat out there when he made his inaugural address some of the panel skrcontract sized president obama for talking about things like immigration reform and gun control and his push on green energy. where was the talk about jobs and the economy and now we see this economic news about how we slunk in the fourth quarter. >> the president has to be concerned about the economy. you can't be president and ignore what's going on economically. the problem is what direction he is going to go. he wants to focus on deficit redu
and lots of attention. one thing that wasn't really in there in any specificity was the economy. it's a way forward on how she thinks the next right steps or what he thinks the next right steps are on the economy. there's some sort of gray area here in where he wants to head. >> now, before we get to chuck hagel, the sort of train wreck that happened yesterday, ruth marcus, the white house is coming out or hhs is coming out with new rules to liberalize the guidelines so that religious institutions are somewhat insulated, somewhat more insulateded. first of all, they're going to more broadly define religious institutions. also, give a separate provider so that the religious institutions themselves don't have to provide birth control to their employees. >> well, first of all, you said white house, and even though hhs issues these guidelines, one can be fairly sure that the white house was closely following this because this has been a difficult issue for them. what they did today was really an elaboration of a plan that they had proposed earlier. the theory, as i understand it, is that it won
of this. first, the numbers. the nation's economy added 157,000 jobs in january, and the unemployment rate, well, it ticked up to 7.9%. but the jobs numbers for november and december were revised upwards significantly. this means more than two million jobs were created last year. the best number since 2005 and better than seven out of eight years in the bush/cheney era. . now the economy has now gained 5.5 million jobs out of the 8.74 million jobs lost in the great recession. we got a long way to go. no doubt about it. now the stock market is on a roll. it topped 14,000 today for the first time since 2007. 100,000 construction jobs were added in the last four months of 2012, and today chrysler posted its highest sales in five years. and there is another side of this story, of course. millions of people are still out of work. the economy actually shrank by a tenth of a point last quarter because of what? government cutbacks. 2/3 of americans are planning to delay the retirement according to "the wall street journal" because of the financial losses. income stagnation and layoffs over the pas
. and we just learned that our economy created more jobs over the last few months than economists originally thought. >> hey, guys, holding back on front page politics and back to alabama now where there's a news conference on that hostage situation. let's take a listen. >> he's also allowed us to provide coloring books, medication, toys. i want to thank him for taking care of our child. that's very important. at this time i'm going to let you ask me a couple of questions. but you know it needs to be brief. there's very limited -- i'm limited to what i can give you. >> why medication? >> ma'am, i can't release that. >> do we know if he's actually taking it? >> what do we know about the actual state of the child? >> we can only do a couple. >> does he have television and electricity? >> we don't have a lot of details of that, okay? >> [ inaudible ] bus driver -- hit an emergency button inside the bus to call police. >> i don't have any information about that. >> can you tell us anything about your conversations with the suspect? >> we've been in constant communication with mr. dyke
an agenda, but skipping the facts and figures? >> our economy is facing a major hit and that is republicans in congress. >> white house and democrats play the blame game following bad news. did the media see the spin or did they get spun? >> how am i doing? >> ed koch passes leaving a legacy of straight talk. how does the media remember him? and the media circus hits the big easy. >> on the panel this week, judy miller, richard grenell, jim pinkerton and fox news political analyst juan williams. i'm jon scott. fox news watch is on right now. >>> main thing i want to have a chance to publicly say thank you. i think hillary will go down one of finest secretary of states we've had. it's been a great collaboration over the last four years. i'm going miss her. >> jon: president obama and hillary clinton sharing a wonderful moment in prime time. 60 minutes interview getting raves and also criticism what could be a squandered opportunity to ask hard questions. cbs correspondent steve kroft reacted to the critics. >> i've been doing had these interviews with him since a few weeks before he declared
&d, infrastructure, the sort of things that will grow this economy, the sort of things that are investments in the future that help us grow economically right now. can't we do both, christie? >> i think we have to do both. i think it's certainly what john podesta and the center for american progress have argued for from the beginning, which is a balance add approach. and your point, joe, which is that there's a difference between investment and expense. and those of us who believe government has a critical role to play have to be for smart government. and i think that this election may be something of a turning point in that instead of arguing about whether there is a role for government and whether government is the problem, we now see whether it's around an issue like immigration or whether it's around the fiscal issues, the necessity of looking to government for leadership in terms of what will actually create a fair playing field, and that's about tax reform. that's about a balance between growth-oriented policies and appropriate spending cuts. >> joe? >> you know, there are things, jon
this is important. the bess they can we can do for the economy is to get this immigration -- comprehensive immigration reform right and get it done now. >> indeed. david, despite what we have just heard from the congressman who is very enthusiastic, rush limbaugh says the government's dole is what lures immigrants here. take a listen. >> i have seen a number of research, scholarly research data, which says that vast majority of arriving immigrants today come here because they believe that government is the source of prosperity. >> so that heaving mass of poison says that the borders are literally stacked full of people coming to take entitlements and benefits. >> yaen time yanytime you hear word scholarly research data and rush limbaugh together you know something is wrong. the congressman just told us a very shorthand story of his own family. obviously that one anecdote and many others we know of disprove what rush limbaugh is saying. but i think the extreme misuse of facts, which is not unusual for him, is also a sign of desperation because this is going to -- i think this has and will c
to that contraction we saw in gdp in the fourth quarter. so calms people down a little bit about where this economy is headed. >> if we look over the trends that are going, and we look back over the unemployment rate, and we have from august to january, we can see where we have been going, and, you know, flirting, going down and in the right direction. but why are people looking at this and being optimistic about something big that's on the hill that's coming ahead of us? >> during periods of economic expansion, typically these numbers get revised upward as we go true a recovery. and that's what's been happening. each month is being revised upward as december and november were. so now we're seeing a likelihood this 157 can be revised upward as well. we're going in the right direction. the unemployment rate is always a bit of statistical noise. and the economy, generally speaking, is firing on more cylinders than most people realize. manufacturing, doing a little bit better, construction doing better. even retail trade, which typically lays people off in january after the holidays had an uptick in e
with republicans over the economy which would quickly come to define his second term. today, he makes the case on immigration to business leaders, including ceos like steve case and monica lozano from his now disbanded jobs council and chief executives of coca-cola and yahoo!. he also meets with labor and progressive leaders. the meetings will focus on how immigration reform fits into his broader economic agenda. >>> homeland security secretary janet napolitano on monday brought that message to border security operations near san diego. >> our immigration system has been broken for far too long. time to fix it has come. time is of the essence. i believe the border is secure. i believe the border is a safe border. that's not to say that everything is 100%. >> today napolitano will visit the border in el paso, texas. the white house from the white house is immigration reform. yesterday the subject was guns with police officers behind him. the president called on congress to act. but then seemed to lower expectations for what will count in his head as a win. >> we don't have to agree on everythin
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a day after we learn that gdp, that's the mesh shush of how well our economy is performing, contracted by 0.1%. here is how some of the financial media covered it. quote, the best looking contraction in gdp you will ever see. and, quote, don't freak out about gdp. so what's going on here? less government spending happened. primarily in defense. that overshadowed more spending on the part of consumers and businesses, which is what these reporters were actually looking at. for more we go to jared bernstein a senior fellow on the center of budget and policy priorities and jonathan capehart a political opinion writer for "the washington post." welcome to both of you. >> thanks, karen. >> okay, jared. you know i like to come to you with these kinds of things. say what? it's good but it's bad? explain that one to me. >> well, sure. i mean, i already knew we were growing slowly. in fact, i'd say too slowly. i didn't think the economy was actually contracting before yesterday's report for the fourth quarter of last year. and i still don't think it's contracting. i think there were anomalies in
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> of that rainy day has come. secretary of state hillary clinton is leaving her post tomorrow, and today she will give the gavel, the final speech of sorts to the counsel on foreign relations. she talked about the global challenges facing america and the progress we've made over the past four years. >> what we faced in january of 2009, two wars, an economy in free fall, traditional alliances fraying, our diplomatic standing damaged, and around the world people questioning america's commitment to core values and our ability to maintain our global leadership. that was my inbox on day one as your secretary of state. >> quite an inbox. clinton went on to say since then america has strengthened its standing both at home and abroad. well, tomorrow john kerry will be sworn in as clinton's successor
. and you know, it's not just a situation for those immigrants who are facing this, but for the economy and businesses want it in some ways, a more clearer sense of what the rules are. so they're going to go out and do that. they believe that the public opinion is generally on the president's side, and by going out to these different locations like las vegas, where there's a large contingent in that state of hispanic voters supporting the president, that they're going to continue to sort of make progress in keeping this issue alive and keeping pressure on congress. >> and they're being very careful about how they talk about this. i mean, they're getting talking points about how you approach these kinds of issues, what words you use, everybody's running away from the possibility that this is amnesty. and let me play for you what mccain and schumer said on "morning joe" today. >> this is not amnesty. it is a tough path to citizenship, but it is an opportunity. and they get in line between -- behind everyone who has come to this country legally. >> you have to work. you have to pay taxes.
department will release its first jobs report of the year, which is expected to show the economy largely unchanged from the last month of 2012. unemployment rate still at 7.8%. >> and we're going to hear -- the president's jobs council. >> exactly. >> will weigh in. >> i was just getting to that. >> this report is critical. >> okay. >> you need a jobs council. >> fine. they're getting rid of it. >> a lot of times i'm critical of this administration, but i think -- i think putting together jobs, willie, what did i say? this jobs council thing. he's got it right. this is going to be big. >> they're all going to be on, too, today. in their robes, they're going to come on and break down the numbers. >> i love it. >> new collaborations with businesses are going to be announced soon. >> the jobs council is? >> no, that's going away. they're getting rid of it. >> what? >> they wear helmets, the job council. >> stop it. >> you mean the guys on the jobs council have lost their jobs? >> yeah. >> this has not turned out how i expected. oh, my lord! >> all right. >> what else we got going? bradley's
to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> i've never seen a doctor cry. you are about to see a doctor who did 20 years in the er as he put it never broke a tear until december 14th when he was in charge of the er that was suddenly overwhelmed by the massacre in sandy hook. last night the connecticut's legislature bipartisan task force held it's final hearing at newtown high school. dr. william begg made this plea. >> thank you. what is my inspiration for coming tonight. i'm a parent of three newtown students and the parent of the medical staff here at the high school. i'm part of the group that formed the response to the shootings and i'm an er doctor that was on shift on december 14th. what is my
, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> six bullets in the hands of a woman trying to defend her children may not be enough. >> and the peace of mind that a woman has as she is facing three, four, five violent attackers or intruders in her home screaming in the background the peace of mind knowing that she has a scary looking gun gives her more courage when she is fighting hardened violent crimin criminals. >> and there in lies the problem with having to defend assault weapons. if you go out and try to defend assault weapon
. president obama shifting focus back to the economy after encouraging economic news friday. >> home prices are starting to climb again and car sales at a five-year high. manufacturing is roaring back. the business created 2.2 million jobs last year and our economy created more jobs than econom t economists originally thought. >> jones industrial average closed about 14,000 on friday, the highest since 2007. the los angeles mayor has put an end to speculation that he will be joining the obama cabinet. there is talk he might be transportation secretary. he said he will finish out his term as mayor. in massachusetts, former senator scott brown said he will not be running for the senate seat vacated by john kerry, but there is speculation that brown could have his eye on the governor's seat when patrick steps down in 2014. we will take you to boston to big deeper into that story later in the show. a whole lot to get to first. vice president biden is in germany and talking international security with diplomats from around the globe. in his speech earlier he called the president a tyrant and sa
missed a great opportunity today to help our economy. this was supposed to be the day that the president submitted his budget to the congress. but it's not coming. it's going to be late. and some reports say that it could be as long as a month late. i think that's too bad. our economy could use some presidential leadership right now. >> all right, not just speaker boehner had the budget committee chairman, paul ryan says he's disappointed but not surprised. he notes the president has failed to submit his budget on time now in four out of the last five years. the white house hasn't been willing to say so far when the budgets will come out. tomorrow the house is going to vote on a bill that calls on the president to present a plan that will ultimately balance the budget. >>> president obama's pressing forward on two other issues he put front and center so far. immigration reform and gun control. today the president's going to meet at the white house for progressive and labor leaders and then separately he's going to get together with a dozen ceos including goldman sachs loyal blankfine and
Search Results 0 to 49 of about 103 (some duplicates have been removed)

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